<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
    "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">

<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <title>Govdoc.org: Congressional Budget Office Working Papers</title>
    <link rel="stylesheet" type="text/css" href="/common/css/main.css" />
    <script type="text/javascript" src="http://o.aolcdn.com/dojo/1.3.1/dojo/dojo.xd.js"></script>
    <script type="text/javascript" src="/common/js/gdinit.js"></script>
</head>

<body>
<div id="wrapper">
<!-- start header -->
<div id="header">
	<div id="logo">
		<h1><a href="/us">govdoc.org</a></h1>
		<h2>by a horde of rampaging robots loosed upon the tubes</h2>
	</div>
	<div id="menu">
		<ul>
			<li><a href="/us/legi">Legislative</a></li>
			<li><a href="/us/exec">Executive</a></li>
			<li><a href="/us/judi">Judicial</a></li>
			<li><a href="/about">About</a></li>
			<li><a href="http://blog.govdoc.org/">Blog</a></li>
		</ul>
	</div>
    
    <div id="breadcrumbs">
        <ul class="crumb_list">
          
            <li><a href="/us">US</a></li>
          
            <li><a href="/us/legi">The Legislative Branch</a></li>
          
            <li><a href="/us/legi/cbo">Congressional Budget Office</a></li>
          
            <li><a href="/us/legi/cbo/wpapers">Congressional Budget Office Working Papers</a></li>
          
        </ul>
    </div>
    
</div>
<!-- end header -->

<!-- start page -->
<div id="page">
	<!-- start content -->
	<div id="content">





        <div class="post">

           <h2 class="title">Congressional Budget Office Working Papers</h2>
           <div class="listing_description">
               Working papers, formerly termed technical papers, are preliminary and are circulated  to stimulate discussion and critical comment. These papers are not subject to CBO's  formal review and editing processes. The analysis and conclusions expressed are those  of the authors and should not be interpreted as those of the Congressional Budget Office. <span class="footnote">Document description from <a href="http://www.cbo.gov/publications/bydoctype.cfm?dtype=8"> CBO Working Papers website</a>.</span>

           </div>
           <ul>
               
                   
                       <li>CBO-WP-1997-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-01.pdf">Investing the Social Security Trust Fund in Equities: An Option Pricing Approach</a></li>
                   
                       <li>CBO-WP-1997-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-02.pdf">Can the Standard Growth Model Explain the Post-War Decline in the Saving Rate?</a></li>
                   
                       <li>CBO-WP-1997-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-03.pdf">Can Permanent-Income Theory Explain Cross-Section Consumption Patterns?</a></li>
                   
                       <li>CBO-WP-1997-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-04.pdf">Understanding Adverse Selection in the Annuities Market and the Impact of Privatizing Social Security</a></li>
                   
                       <li>CBO-WP-1997-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-05.pdf">Privatizing Social Security While Limiting Adverse Selection in Annuities Markets</a></li>
                   
                       <li>CBO-WP-1997-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1997-06.pdf">Simulating U.S. Tax Reform</a></li>
                   
                       <li>CBO-WP-1998-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1998-01.pdf">Who Bears the Burden of the Corporate Tax (and Why)?: The Open Economy Case</a></li>
                   
                       <li>CBO-WP-1998-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1998-02.pdf">Privatizing Versus Prefunding Social Security in a Stochastic Economy</a></li>
                   
                       <li>CBO-WP-1998-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1998-03.pdf">Opting Out of Social Security and Adverse Selection</a></li>
                   
                       <li>CBO-WP-1998-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1998-04.pdf">Privatizing Social Security in the U.S.: Comparing the Options</a></li>
                   
                       <li>CBO-WP-1999-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-01.pdf">Six Tax Laws Later: How Individuals' Marginal Federal Income Tax Rates Changed Between 1980 and 1995</a></li>
                   
                       <li>CBO-WP-1999-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-02.pdf">Equivalence Scales, the Income Distribution, and Federal Taxes</a></li>
                   
                       <li>CBO-WP-1999-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-03.pdf">Household Saving in the '90s: Evidence from Cross-Section Wealth Surveys</a></li>
                   
                       <li>CBO-WP-1999-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-04.pdf">The Effect of Tax-Deferred Savings Plans on Household Wealth Accumulation: Evidence from the Survey of Consumer Finances</a></li>
                   
                       <li>CBO-WP-1999-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-05.pdf">Taxing Government in a National Retail Sales Tax</a></li>
                   
                       <li>CBO-WP-1999-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-06.pdf">The Impact of Globalization on the U.S. Business Cycle</a></li>
                   
                       <li>CBO-WP-1999-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-07.pdf">Draft Framework for Determining the Spreads of Commercial Paper Rates and LIBOR to the Rate on Three Month Treasury Bills and the Volatility of those Interest Rates</a></li>
                   
                       <li>CBO-WP-1999-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-1999-08.pdf">Social Security Privatization: What Are the Issues?</a></li>
                   
                       <li>CBO-WP-2000-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-01.pdf">Generational Accounts for the United States: An Update</a></li>
                   
                       <li>CBO-WP-2000-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-02.pdf">Social Security Options for Reducing Poverty Among Older Women</a></li>
                   
                       <li>CBO-WP-2000-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-03.pdf">Predicting Turning Points</a></li>
                   
                       <li>CBO-WP-2000-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-04.pdf">Some Fresh Perspectives on Price-Support Policies</a></li>
                   
                       <li>CBO-WP-2000-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-05.pdf">Forecasting Capital Gains Realizations</a></li>
                   
                       <li>CBO-WP-2000-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-06.pdf">Family Status of Enlisted Personnel</a></li>
                   
                       <li>CBO-WP-2000-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-07.pdf">Measuring Time Preference and Parental Altruism</a></li>
                   
                       <li>CBO-WP-2000-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2000-08.pdf">Bequests, Inter Vivos Transfers, and Wealth Distribution</a></li>
                   
                       <li>CBO-WP-2001-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2001-01.pdf">Does International Asynchronization Matter for the U.S. Business Cycle?</a></li>
                   
                       <li>CBO-WP-2001-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2001-02.pdf">The Effects of Federal Estate Tax Policy on Charitable Contributions</a></li>
                   
                       <li>CBO-WP-2002-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-01.pdf">Using Time-Series Models to Project Output Over the Medium Term</a></li>
                   
                       <li>CBO-WP-2002-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-02.pdf">Projecting Longitudinal Marriage Patterns for Long-Run Policy Analysis</a></li>
                   
                       <li>CBO-WP-2002-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-03.pdf">Mate Matching for Microsimulation Models</a></li>
                   
                       <li>CBO-WP-2002-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-04.pdf">Ricardian Equivalence with Incomplete Household Risk Sharing</a></li>
                   
                       <li>CBO-WP-2002-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-05.pdf">Modeling the U.S. Current Account as the Savings-Investment Balance</a></li>
                   
                       <li>CBO-WP-2002-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2002-06.pdf">Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy</a></li>
                   
                       <li>CBO-WP-2003-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-01.pdf">Testing for a Bequest Motive Using Cross-State Variation in Bequest Taxes</a></li>
                   
                       <li>CBO-WP-2003-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-02.pdf">Projecting Longitudinal Earnings Patterns for Long-Run Policy Analysis</a></li>
                   
                       <li>CBO-WP-2003-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-03.pdf">The Economic Costs of Reducing Emissions of Greenhouse Gases: A Survey of Economic Models</a></li>
                   
                       <li>CBO-WP-2003-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-04.pdf">Modeling Long-Run Economic Growth</a></li>
                   
                       <li>CBO-WP-2003-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-05.pdf">International Trade and U.S. Productivity</a></li>
                   
                       <li>CBO-WP-2003-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-06.pdf">Forecasting Deposit Growth: Forecasting BIF and SAIF Assessable and Insured Deposits</a></li>
                   
                       <li>CBO-WP-2003-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-07.pdf">The FHA Budget Subsidy Simulation System: A Dynamic Simulation Model of Budget Outcomes for FHA Single-Family Mortgage Insurance</a></li>
                   
                       <li>CBO-WP-2003-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-08.pdf">Alternative Methods for Projecting Equity Returns: Implications for Evaluating Social Security Reform Proposals</a></li>
                   
                       <li>CBO-WP-2003-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-09.pdf">A Putty-Clay Model of Business Fixed Investment</a></li>
                   
                       <li>CBO-WP-2003-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-10.pdf">Using the Treasury Nominal and Inflation-Indexed Spread to Estimate Expected Long-Run Changes in the CPI-U under Inflation Uncertainty, Risk Aversion, and the Probability of Deflation</a></li>
                   
                       <li>CBO-WP-2003-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-11.pdf">Factor Accumulation Without Diminishing Returns: The Case of East Asia</a></li>
                   
                       <li>CBO-WP-2003-12 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2003-12.pdf">Analyzing Tax Policy Changes Using a Stochastic OLG Model with Heterogeneous Households</a></li>
                   
                       <li>CBO-WP-2004-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-01.pdf">Overview of the Congressional Budget Office Long-Term (CBOLT) Policy Simulation Model</a></li>
                   
                       <li>CBO-WP-2004-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-02.pdf">Incorporating Longevity Effects into Long-Term Medicare Projections</a></li>
                   
                       <li>CBO-WP-2004-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-03.pdf">Analyzing an Aging Population--A Dynamic General Equilibrium Approach</a></li>
                   
                       <li>CBO-WP-2004-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-04.pdf">The Role of Saving in Economic Growth When the Cost of New Human Capital Depends on the Cost of Labor</a></li>
                   
                       <li>CBO-WP-2004-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-05.pdf">Using the Natural Rate Concept to Assess the Consistency of Projections Ten Years Ahead for Real Interest Rates and Inflation</a></li>
                   
                       <li>CBO-WP-2004-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-06.pdf">The Taxation of Distributions From Retirement Savings Plans</a></li>
                   
                       <li>CBO-WP-2004-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-07.pdf">Macroeconomic Analysis of a 10 Percent Cut in Income Tax Rates</a></li>
                   
                       <li>CBO-WP-2004-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-08.pdf">Charitable Bequests and the Repeal of the Estate Tax</a></li>
                   
                       <li>CBO-WP-2004-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-09.pdf">Health Shocks and the Demand for Annuities</a></li>
                   
                       <li>CBO-WP-2004-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-10.pdf">Large Foreign Markets and Export-Led Growth in Developing Countries</a></li>
                   
                       <li>CBO-WP-2004-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-11.pdf">Macroeconomic Impacts of Stylized Tax Cuts in an Intertemporal Computable General Equilibrium Model</a></li>
                   
                       <li>CBO-WP-2004-12 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-12.pdf">Valuing Federal Loans and Loan Guarantees Using Options-Pricing Methods</a></li>
                   
                       <li>CBO-WP-2004-13 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-13.pdf">Uncertainty About Projections of Medicare Cost Growth</a></li>
                   
                       <li>CBO-WP-2004-14 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-14.pdf">Estimating and Forecasting Capital Gains with Quarterly Models</a></li>
                   
                       <li>CBO-WP-2004-15 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-15.pdf">A Model to Project Flows into and out of Tax-Deferred Retirement Savings Accounts</a></li>
                   
                       <li>CBO-WP-2004-16 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-16.pdf">Recent Literature on Taxable-Income Elasticities</a></li>
                   
                       <li>CBO-WP-2004-17 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2004-17.pdf">Return on Cross-Border Investment: Why Does U.S. Investment Abroad Do Better?</a></li>
                   
                       <li>CBO-WP-2005-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-01.pdf">A Sensitivity Analysis of the Elasticity of Taxable Income</a></li>
                   
                       <li>CBO-WP-2005-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-02.pdf">Limited Participation, Income Distribution and Capital-Account Liberalization</a></li>
                   
                       <li>CBO-WP-2005-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-03.pdf">Testing Alternative Methods for Forecasting Capital Gains</a></li>
                   
                       <li>CBO-WP-2005-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-04.pdf">Does Social Security Privatization Produce Efficiency Gains?</a></li>
                   
                       <li>CBO-WP-2005-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-05.pdf">How Does Differential Mortality Affect Social Security Finances and Progressivity?</a></li>
                   
                       <li>CBO-WP-2005-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-06.pdf">Behavioral Effects of Social Security Reform in a Dynamic Micro-Simulation with Life-Cycle Agents</a></li>
                   
                       <li>CBO-WP-2005-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-07.pdf">Social Effects, Household Time Allocation, and the Decline in Union Formation</a></li>
                   
                       <li>CBO-WP-2005-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-08.pdf">Putty-Clay Capital and an Index of Capital per Hour</a></li>
                   
                       <li>CBO-WP-2005-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-09.pdf">Median-voter Equilibria in the Neoclassical Growth Model under Aggregation</a></li>
                   
                       <li>CBO-WP-2005-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-10.pdf">Labor Adjustment, Productivity and Output Volatility: An Evaluation of Japan's Employment Adjustment Subsidy</a></li>
                   
                       <li>CBO-WP-2005-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2005-11.pdf">Are Married Women Secondary Workers? The Evolution of Married Women's Labor Supply in the U.S. from 1983 to 2000</a></li>
                   
                       <li>CBO-WP-2006-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-01.pdf">Early Announcement of a Public Pension Reform in Italy</a></li>
                   
                       <li>CBO-WP-2006-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-02.pdf">Reallocation and Productivity Growth in Japan: Revisiting the Lost Decade of the 1990s</a></li>
                   
                       <li>CBO-WP-2006-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-03.pdf">The Elasticity of Taxable Income During the 1990s: A Sensitivity Analysis</a></li>
                   
                       <li>CBO-WP-2006-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-04.pdf">A Steady-State Analysis of Proposals to Reduce the Tax on Saving</a></li>
                   
                       <li>CBO-WP-2006-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-05.pdf">Uncertain Policy for an Uncertain World: The Case of Social Security</a></li>
                   
                       <li>CBO-WP-2006-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-06.pdf">Earnings Inequality and High Earners: Changes During and after the Stock Market Boom of the 1990s</a></li>
                   
                       <li>CBO-WP-2006-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-07.pdf">Implications of Past Currency Crises for the U.S. Current Account Adjustment</a></li>
                   
                       <li>CBO-WP-2006-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-08.pdf">The Slowdown in Medicare Spending Growth</a></li>
                   
                       <li>CBO-WP-2006-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-09.pdf">International Burdens of the Corporate Income Tax</a></li>
                   
                       <li>CBO-WP-2006-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-10.pdf">Private Savings, Medicaid and Uncertain Nursing Home Expenses</a></li>
                   
                       <li>CBO-WP-2006-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-11.pdf">The Effect of a First Child on Female Labor Supply: Evidence from Women Seeking Fertility Services</a></li>
                   
                       <li>CBO-WP-2006-12 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-12.pdf">Quantitative Implications of Indexed Bonds in Small Open Economies</a></li>
                   
                       <li>CBO-WP-2006-13 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-13.pdf">An Empirical Model of Factor Adjustment Dynamics</a></li>
                   
                       <li>CBO-WP-2006-14 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2006-14.pdf">Trends in High Incomes and Behavioral Responses to Taxation: Evidence from Executive Compensation and Statistics of Income Data</a></li>
                   
                       <li>CBO-WP-2007-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-01.pdf">Occupational Employment Risk and its Consequences for Unemployment Duration and Wages</a></li>
                   
                       <li>CBO-WP-2007-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-02.pdf">Economic Flexibility in Microsimulation: An Age-Centered Regression Approach</a></li>
                   
                       <li>CBO-WP-2007-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-03.pdf">Measurement Error in the SIPP: Evidence from Matched Administrative Records</a></li>
                   
                       <li>CBO-WP-2007-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-04.pdf">Assessing the Relationship between Economic Stability and Dynamic Employment Responses to Aggregate Shocks</a></li>
                   
                       <li>CBO-WP-2007-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-05.pdf">The Student Loan Consolidation Option: An Analysis of an Exotic Financial Derivative</a></li>
                   
                       <li>CBO-WP-2007-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-06.pdf">The Natural Rate of Unemployment</a></li>
                   
                       <li>CBO-WP-2007-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-07.pdf">Output, Investment, and Growth in a World of Putty-Clay</a></li>
                   
                       <li>CBO-WP-2007-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-08.pdf">Health Insurance, Pensions, and Paid Leave: Access to Health Insurance at Small Firms in a Broader Benefit Context</a></li>
                   
                       <li>CBO-WP-2007-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-09.pdf">Guaranteed Versus Direct Lending: The Case of Student Loans</a></li>
                   
                       <li>CBO-WP-2007-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-10.pdf">Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism</a></li>
                   
                       <li>CBO-WP-2007-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-11.pdf">The Empirical Relationship Between Lifetime Earnings and Mortality</a></li>
                   
                       <li>CBO-WP-2007-12 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-12.pdf">Does Experience Make Better Doctors? Evidence from LASIK Eye Surgeries</a></li>
                   
                       <li>CBO-WP-2007-13 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2007-13.pdf">The Fair Value of the Federal Deposit Insurance Guarantee</a></li>
                   
                       <li>CBO-WP-2008-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-01.pdf">A Sensitivity Analysis of the Elasticity of Taxable Income</a></li>
                   
                       <li>CBO-WP-2008-02 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-02.pdf">China's Approach to Capital Flows Since 1978</a></li>
                   
                       <li>CBO-WP-2008-03 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-03.pdf">The Impact of Progressive Dividend Taxation on Investment Decisions</a></li>
                   
                       <li>CBO-WP-2008-04 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-04.pdf">Have People Delayed Claiming Retirement Benefits? Responses to Changes in Social Security Rules</a></li>
                   
                       <li>CBO-WP-2008-05 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-05.pdf">An Assessment of CES and Cobb-Douglas Production Functions</a></li>
                   
                       <li>CBO-WP-2008-06 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-06.pdf">Reestimating the Phillips Curve and the NAIRU</a></li>
                   
                       <li>CBO-WP-2008-07 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-07.pdf">The Labor Supply Response in Macroeconomic Models</a></li>
                   
                       <li>CBO-WP-2008-08 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-08.pdf">Taxable Income Responses to 1990s Tax Acts: Further Explorations</a></li>
                   
                       <li>CBO-WP-2008-09 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-09.pdf">Financing Losses from Catastrophic Risks</a></li>
                   
                       <li>CBO-WP-2008-10 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-10.pdf">Taxation and Asset Pricing in a Production Economy</a></li>
                   
                       <li>CBO-WP-2008-11 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2008-11.pdf">Panel Data Techniques and the Elasticity of Taxable Income</a></li>
                   
                       <li>CBO-WP-2009-01 - <a href="http://docs.govdoc.org/us/legi/cbo/CBO-WP-2009-01.pdf">Identifying Rates of Emigration in the United States Using Administrative Earnings Records</a></li>
                   
               
           </ul>
       </div>

       <div class="post" id="footnotes">
           <h2 class="title"><a name="notes">Notes</a></h2>
           <ol id="notes_list"></ol>
       </div>





	</div>
	<!-- end content -->
	<!-- start sidebar -->
	<div id="sidebar">
    </div>
	<!-- end sidebar -->
	<div style="clear: both;">&nbsp;</div>
</div>
<!-- end page -->
</div>
<!-- start footer -->
<div id="footer">
	<p id="legal">Documents published on this site are public domain works of the United States federal government and are 
not restricted by copyright. 
    Original content &copy; 2009 govdoc.org. CSS template designed by <a href="http://www.freecsstemplates.org/">Free CSS Templates</a> and <a href="http://www.freecsstemplates.org/license/">licensed</a> under the 
<a href="http://creativecommons.org/licenses/by/2.5/">Creative Commons Attribution 2.5 License</a></p>
</div>
<!-- end footer -->



<script type="text/javascript">
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
</script>
<script type="text/javascript">
try {
var pageTracker = _gat._getTracker("UA-9361427-1");
pageTracker._trackPageview();
} catch(err) {}</script>

</body>

</html>




